Welcome to our dedicated page for Osisko Development news (Ticker: ODV), a resource for investors and traders seeking the latest updates and insights on Osisko Development stock.
Osisko Development Corp. develops North American gold assets, led by the fully permitted, 100%-owned Cariboo Gold Project in central British Columbia. The company also reports on the Tintic Project in Utah, a brownfield property in the historic East Tintic mining district with exploration potential, historical mining data and established infrastructure.
Company news commonly covers Cariboo pre-construction, early works, underground development, water-treatment and site-activity updates, as well as Lowhee Zone infill drilling and exploration results. Other recurring developments include financial results, gold sales from small-scale Tintic activities, project financing, warrant exercises, equity incentive grants, index inclusion and management appointments tied to construction, permitting, exploration, compliance and commercial execution.
Osisko Development (NYSE: ODV) reported Q3 2025 results on Nov 10, 2025, highlighting strong liquidity and financing progress for the Cariboo Gold Project.
Key metrics: $401.4M cash and cash equivalents at Sept 30, 2025; $137.2M drawn (US$100M) under a US$450M Appian senior secured project financing; completed private placements totalling ~US$203.1M (≈$280.4M) in Aug 2025 and a subsequent $82.5M flow-through/non-flow-through placement in Oct 2025. Q3 revenue was $4.4M from sale of 877 oz at the Tintic heap-leach activity. The company advanced pre-construction, ~1.9 km underground development, began a 13,000‑m infill drill program (≈51% complete at report date) and disclosed upcoming milestone costs through 2026.
Osisko Development (NYSE: ODV) appointed Scott Smith as Vice President, Exploration effective November 1, 2025.
Mr. Smith brings over 30 years of industry experience, including >18 years in senior management, work across Canada, Mexico, Peru, Chile and the U.S., and roles at Prime Mining, Gibraltar Mines, Teck Resources and Newmont. At Prime Mining he led resource extension and exploration that contributed to the company's sale to Torex Gold Resources in October 2025. The appointment is presented as strengthening exploration capability for the Cariboo Gold Project and other Osisko Development properties.
Osisko Development (NYSE: ODV) filed an early warning report after, on October 17, 2025, its subsidiary Barkerville Gold Mines acquired 6,250,000 Units of Falco Resources at C$0.32 per Unit for an aggregate C$2,000,000 in a bought-deal private placement.
Each Unit included one Falco common share and one-half warrant. After the Offering Osisko Development, via its subsidiary, owned 54,925,240 common shares and 4,915,000 warrants, representing ~15.9% of Falco on a basic basis and ~17.1% on a partially diluted basis. The securities were acquired for investment purposes and an early warning report will be filed on SEDAR+.
Osisko Development (NYSE: ODV) further upsized its previously announced bought‑deal financing to a total C$75 million offering on Oct 15, 2025.
The company will issue LIFE-eligible flow-through shares and a Concurrent Private Placement of 5,230,200 common shares at C$4.78 per share for gross proceeds of C$25,000,356 (Concurrent Private Placement size increased by about C$15 million).
Closing is expected on or about Oct 29, 2025, subject to regulatory approvals including TSXV and NYSE approvals; shares from the Concurrent Private Placement will have a four months plus one day statutory hold.
Osisko Development (NYSE: ODV) upsized its bought‑deal financing to C$60.0 million on Oct 9, 2025. The LIFE Offering totals C$49,999,980 across three tranches: 2,990,000 FT Shares at C$6.69 (C$20,003,100), 1,444,000 BC FT Shares at C$6.93 (C$10,006,920) and 4,182,000 Common Shares at C$4.78 (C$19,989,960). A concurrent private placement will issue 2,092,100 Common Shares at C$4.78 for C$10,000,238. Net proceeds of approximately C$30 million are intended for Cariboo Gold Project construction and pre‑construction activities. Closings expected on or about Oct 29, 2025, subject to regulatory approvals and customary conditions.
Osisko Development (ODV) entered a bought‑deal C$30,010,020 life offering of flow‑through shares in two tranches: 2,990,000 National FT Shares at C$6.69 for C$20,003,100 and 1,444,000 BC FT Shares at C$6.93 for C$10,006,920.
Proceeds will fund eligible Canadian exploration expenses on the company’s British Columbia properties, to be incurred by Dec 31, 2026 and renounced with an effective date no later than Dec 31, 2025. Closing is expected on or about Oct 29, 2025, subject to regulatory approvals including TSXV and NYSE; closing must occur within 45 days. The underwriters receive a 4.50% cash commission. Flow‑through shares issued under the LIFE Exemption will not be subject to a statutory hold period.
Osisko Development (NYSE: ODV) reported initial results from its underground 13,000‑meter Lowhee infill program, with ~2,279 m completed on 10‑m spacing (~17.5% of the program) between August and early September 2025. Key assays include 45.24 g/t Au over 3.0 m (including 233.92 g/t over 0.5 m), 41.17 g/t over 2.1 m, and 16.36 g/t over 4.6 m. Results show continuity with modelled vein zones and planned stopes, and high‑grade intercepts occur within or adjacent to modelled reserve stopes. Cow portal access and ~350 m of Lowhee development were completed; the Lowhee probable reserve is reported as 104,491 oz Au at 3.52 g/t, ~5% of Cariboo's probable reserves.
Osisko Development (NYSE: ODV) has announced significant results from its infill and exploration diamond drill program at the Lowhee Zone within its 100%-owned Cariboo Gold Project in British Columbia, Canada. The program comprised 6,471 meters of underground infill drilling and approximately 398 meters of chip and rock saw channel sampling.
Notable high-grade intercepts include 625.95 g/t gold over 0.5m, 57.29 g/t gold over 3.05m, and 15.26 g/t gold over 4.4m. The company has initiated a comprehensive 13,000-meter systematic grid infill program targeting mineral reserve blocks, inferred mineral resources, and non-DSO resources in the Lowhee Zone.
Underground chip/channel sampling also yielded promising results, with highlights including 22.01 g/t Au over 3.8m and 12.23 g/t Au over 4.6m.
Osisko Development (NYSE:ODV) has granted 58,824 deferred share units (DSUs) to independent director Ms. Susan Craig. The grant is connected to her recent appointment to the company's board of directors, which was announced on June 16, 2025. The DSUs were issued in accordance with the Company's Omnibus Incentive Plan, available on the company's website.
Osisko Development (NYSE: ODV) has successfully closed a significant US$203 million private placement financing, consisting of a US$120 million brokered offering and an US$83 million non-brokered offering at US$2.05 per Unit.
Each Unit includes one common share and a half warrant exercisable at US$2.56 until August 15, 2027. Notably, Double Zero Capital LP made a substantial US$75 million investment, securing a 15.4% stake in ODV. The proceeds, combined with a previously announced US$450 million project loan facility, will primarily fund the construction of the Cariboo Gold Project.
The deal includes strategic elements such as an Investor Rights Agreement granting Double Zero board nomination rights and other privileges, while insider participation amounted to US$1.29 million.